People & Company News


Wood Jr. Appointed Chairman at American Superconductor

Aug 16, 2011

American Superconductor Corporation (NASDAQ: AMSC), a global power technologies company, announced the appointment of John W. Wood Jr. as chairman of the Board, effective August 16. He replaces former chairman and company founder, Gregory J…

Sonardyne helps major scientific discovery on the Mid-Atlantic Ridge

Aug 15, 2011

Sonardyne International’s Ranger 2 USBL (Ultra-Short BaseLine) acoustic positioning technology has played a crucial role in a scientific mission to discover a new eco system on the floor of the Atlantic Ocean. The Irish led VENTuRE expedition…

Vector Signs Exclusive Medical Contract

Aug 15, 2011

Hutton's has signed an exclusive contract to supply medical equipment and to provide annual survey services for Vector Offshore Limited.Vector's fleet of offshore support vessels operates out of Aberdeen and each uniquely carries two Autonomous…

Transocean: Offer to Acquire 100% of Aker Drilling

Aug 15, 2011

Transocean Services AS, a wholly owned subsidiary of Transocean Ltd. (NYSE: RIG) (SIX: RIGN), announced an all cash voluntary offer for 100 percent of the shares of Aker Drilling ASA for NOK 26.50 per share. The Board of Directors of Aker Drilling…

Andersen to Head DnB NOR, Shanghai Branch

Aug 15, 2011

DnB NOR has appointed Vidar Andersen as the new head of its Shanghai branch succeeding Espen Lund who has returned to the bank’s headquarters in Oslo after an eight year stint as China country head.Vidar Andersen said today: 'I am very pleased…

The Nautical Institute Expands Accreditation Services

Aug 15, 2011

The Nautical Institute announces today that it is to expand its accreditation services. Members input, which has fed into the Institute’s current five year strategic plan, highlights that focus on competency and professionalism across the entire maritime industry is greater than ever…

NPREP: Pre-Exercise Public Outreach Events

Aug 15, 2011

LOS ANGELES — The Coast Guard announces its National Preparedness Response Exercise Program (NPREP) pre-exercise Public Outreach events to be held Sept. 13, 2011 in Ventura, Calif., free of charge.Government and Industry experts will be…

SWIRE Oilfield Services Appoints New Sales Director

Aug 15, 2011

Swire Oilfield Services, a provider of offshore cargo carrying units and associated services has appointed David Rae as sales director in line with its significant investment plans.Rae brings a wealth of knowledge and experience to the company…

Moore Stephens: HMRC May Rethink Tonnage Tax Changes

Aug 15, 2011

Moore Stephens, understands that Her Majesty’s Revenue & Customs (HMRC) has agreed to re-examine, in consultation with the shipping industry, its earlier intention to unilaterally reinterpret the UK Tonnage Tax rules to the potential detriment of many shipowners…

Fazekas Joins Terresolve

Aug 12, 2011

Terresolve Technologies, an industry leader in producing environmentally safe lubricants and functional fluids, today announced that Stephen Fazekas has joined the company as director of business development.  Fazekas holds more than 21 years…

Mastry Supports USCG With Engine Training

Aug 12, 2011

Mastry Engine Center is well-known for its comprehensive training programs for recreational boat owners, dealers, the Navy and other customers.  Recently Mastry expanded its scope, providing three-day training sessions for the US Coast Guard…

HMS Completes Purchase of American Queen

Aug 12, 2011

HMS Global Maritime completed the purchase of the steamboat American Queen. Built in 1995, the American Queen, at 419-feet long, is the largest, most opulent riverboat ever built and offers 222 staterooms and suites that accommodate 436 guests attended to by a crew of 160…

Travelers Names Ray Martino President of Ocean Marine

Aug 12, 2011

HARTFORD, Conn., August 11, 2011 – The Travelers Companies, Inc. is pleased to announce the appointment of Raymond T. Martino as the President of its Ocean Marine business unit. Martino is responsible for the overall leadership and management of Travelers Ocean Marine…

MTS Houston Section Barbecue: October 20, 2011

Aug 11, 2011

This year’s MTS Houston Section Barbecue will be held on October 20, 2011 at Thrustmaster of Texas’s North Houston location off 290/FM529. This major fund-raiser event attracts over 400 participants, as well as some 50 exhibitors. More information available on the web at http://www…

DeSimone Named President XL Insurance

Aug 11, 2011

XL Insurance, the insurance underwriting operations of XL Group (NYSE: XL), appointed Richard DeSimone as President of its US Ocean and Inland Marine unit. DeSimone will be based in New York and reports to Neil Robertson, Chief Executive, Global Specialty in London…

Current News

Samskip to Sell UK and Ireland Freight Business

NOAA Installs Navigation System in Boston Harbor

Exports to China Fall to Lowest Output in Three Years

ZIM Workers Strike Over Hapag-Lloyd Takeover

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